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In this video, Abdullah Hammond teaches viewers how to manage contract expiry dates, particularly for HR professionals, while also highlighting its broader applications. He starts by defining a contract with a starting date, exemplified as April 8, 2020, with a duration of 12 months. To calculate the contract's ending date, he introduces the "E-date" function, which determines the date after a specified number of months from the starting date. The E-date function requires the starting date and the number of months, which can be either positive (to move forwards in time) or negative (to move backwards).